on and last november, the big kahuna, $587 million, the biggest powerball jackpot of all time. and pumped about $15 billion into participating states economies, going towards things like schools and parks and running the lottery. big money tonight. reporter: but while the pot sizes are improving, odds stay the same, 1 in 175 million to win it all, making you more likely to play for the nba, become the president of the united states, or die in any number of dreadful ways bees, sharks, or lightning strikes than to win this jackpot. rebecca jarvis, abc news, new york. we can still dream. there s always the next drawing. we re still in it. now we go to a man in houston who likes to dance like nobody s watching, but in reality, everybody s watching. carlos takes his disco dancing routine on the road every day, showing off his
largest powerball jackpot is $587 million. that was on november 28th, 2012. this one, it s getting there. oh, yeah. got to play. we ll be right back. save them. woolite everyday, cleans your jeans
largest powerball jackpot is $587 million. that was on november 28th, 2012. this one, it s getting there. oh, yeah. got to play. we ll be right back. save them. woolite everyday, cleans your jeans
february and that was a man in virginia. largest came in november, $587 million. that was for a missouri couple a guy from arizona. i want to mention before i go, this is closest i m going to get to $338 million. this place really is buzzing with excitement. i ve got a question. it was purchased in new jersey but if he lives in delaware or one of the states with no state income tax, would he have to pay stated income tax? we don t he actually lives in delaware. we don t really know where he lives. we don t know what the tax situation would be, but presumably you pay the tax where you purchased the ticket. we ll find out later today. you see the lottery specials and after they become
things to spend it on now. heather: so, do you think more states will consider having the lottery? they don t have any money. they are either going to raise taxes which is not popular at all or cut spending and they are doing all of those things. this has proven to be such a huge money maker for states. it s $20 billion more in just a few years they is earned. it is a lot of money. heather: you mention the payout of $4 2 billion in prize money and that was included because we were all offer it, and the payout included $587 million powerball jackpot in 2012 and now we have $338 million and already this year in 2013. but the winners do not get all that money. uncle sam takes his and it depends whether you take a lump sum. 80 percent choose the lunch sum because they think they can invest it and make more money.